“There's no issue with talent; it's just economics - and if the government finds subsidies there, absolutely we would build out.

In reference to the world-leading tax break rates that Canada’s Quebec region boasts, Bilson said: “I wish that Los Angeles or California would give us 37.5 per cent [tax break] on the labour; then we'd be building out here. If it was in Manchester we'd be building out there. If it was in Lyon, we'd be building out there.”

He added that the talent in the UK “is extraordinary”.

“I actually spent a couple of years of my career when I was helping out with the early days of the Harry Potter franchise with EA, I worked closely with the team there on the first three games. I got to know a lot of teams in the UK - it's one of the greatest talent centres in the world.”

UK trade body Tiga said today the absence of games tax relief continues to harm investment and job creation in the UK.

Tiga CEO Richard Wilson said THQ “has confirmed that the UK is losing out on jobs and investment because of the absence of tax breaks.

“High skilled jobs could be created in Manchester and Warrington. Instead they are being created in Montreal. The UK is not competing on a level playing field. Our key competitors, particularly Canada, have tax breaks for games production. The UK does not. We are losing in the global battle for job creation and investment.

“Crucially, as Danny Bilson said, the provision of a skilled workforce in the UK is not the issue. The UK’s development workforce is excellent. The key issue is money.”

THQ is not the only global publishing empire that spoke out against the UK government’s move to scrap tax breaks.